Jane Fraser
The David Rubenstein Show
00:00
The First Republic Bank's $5 Billion Capital Deposit Injection
A number of the large banks, 11 of us, got together to put a large capital deposit injection into First Republic Bank. "You don't put $5 billion into the system through the generosity of your own heart," Diamond says. He adds: "We wanted to go and help protect the system, it's in the interest"
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